Bank of San Francisco Price & Performance (BSFO)

Analysts are forecasting further gains for the S&P 500 after the index surpassed its 200-day moving average, fueled by the recent US-China tariff reduction. Technical strategists point to potential new highs, though historical patterns suggest caution as previous rebounds have sometimes reversed. Investors are recalibrating their strategies amid the shifting trade landscape.12

Beach Cities Commercial Bank reported a revised first-quarter 2025 loss of $241,800, up from an earlier estimate due to a canceled loan referral fee. Despite the loss, the bank’s assets, loans, and deposits saw triple-digit percentage growth year-over-year, reflecting robust expansion in Southern California’s commercial market.3

Wells Fargo’s board has approved a new $40 billion stock repurchase program, set to begin after the current one ends. The bank also declared a $0.40 per share dividend, citing strong capital levels and ongoing investments in organic growth as key factors supporting shareholder returns.4